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|Ref# 3045||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Sold||N/A||$382,380 + $692,000 (property)||$1,050,000||N/A|
Sale Structure: Asset Sale
This beautiful building in downtown Aurora was purchased in May of 2014 and a gorgeous 3 operatory practice was built with the intention of opening a general family practice. Construction was completed in December of 2014; however, due to work and personal obligations of the vendor, the practice was never opened.
The building is a 2-story converted house built in 1887. It was completely upgraded with all new leaseholds, plumbing and wiring. Located just off of Yonge St. it enjoys high traffic from the library and community centre across the street.
With natural light in all the rooms it is built to be extremely comforting and welcoming for patients while providing an excellent work environment for the Doctor.
The second floor consists of a private office and staff room. Leaseholds were built to a very high standard with impeccable attention paid to all details.
All operatories are equipped with top of the line Belmont chair/delivery units and Midmark cabinetry with all the options. The practice is fully computerized with digital x-rays and is set up to be paperless.
This is an excellent opportunity to establish a high quality, general or specialty practice in this quickly growing community. Alternatively, a dentist in the neighbourhood on an expiring lease could seamlessly move their practice. The benefits of owning your own building are significant both from a yearly cash-flow standpoint and overall practice value.
The offering has been priced to represent only the investment our client has made thus the asking price is firm.
An Open will be held on Saturday, May 9th, 2015 and additional appointments can be accommodated.
For more information or to book an appointment, please contact David Rourke.